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Listed by Ross Del Deo StartPoint Realty
$990,000
Est. payment /mo
7,620 SqFt
Open House
Sat Sep 26, 3:00pm - 5:00pm
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 7,620 sqft
Price per Sqft $129
MLS Listing ID 1681505
HOA Y/N No
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Retail
Source Maine Listings
Land Area 7620
Property Description
Fantastic investment opportunity! Get in on the Washington Street revitalization that has already started and likely to make the adjacent properties which surround "Tavata" SOAR in value! Tavata a new 7 story, 325+ housing unit complex with street level commercial space is currently being built directly across the street. Also worth noting, is an approved 7 story building containing 87 micro-apartments on the corners of Washington and Congress, just a couple blocks away. The re-zoning of this section of Washington Ave in the last couple years from B-1 to B-2B greatly expands the vertical limits of new or existing development. You're essentially investing in the building itself and the air-rights overhead! This legendary building has been home to District 1, Post 25 AMVETS since 1953 (73 years). This 7600+sq' building has a cozy vibe with picture windows offering a Peek-a-boo view of Back Bay and the Portland city skyline facing West with incredible sunsets. All offers should be in by Monday, October 12th and will be reviewed and considered.
Location
State ME
County Cumberland
Zoning B-2b
Interior
Heating Gas Natural, Baseboard, Hot Water
Cooling Wall Unit(s)
Exterior
Parking Features None
Roof Type Composition,Membrane
Accessibility Level Entry
Building
Lot Description Bus Line, Business District, Near Shopping, Near Turnpike/Interstate, Near Airport
Foundation Poured Concrete, Slab
Water Public
Others
Tax ID 186WashingtonAvenuePortland04101
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Chris Faulhaber
Agent State License Number SA930528
Agent State License Number SA930528